Baxter International Inc (BAX)

Return on equity (ROE)

Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Net income (ttm) US$ in thousands 2,656,000 2,592,000 -2,853,000 -2,460,000 -2,433,000 -2,376,000 1,011,000 1,057,000 1,284,000 1,214,000 1,120,000 1,068,000 1,102,000 911,000 924,000 991,000 1,001,000 1,329,000 1,478,000 1,506,000
Total stockholders’ equity US$ in thousands 8,402,000 8,101,000 5,569,000 5,879,000 5,833,000 5,535,000 8,859,000 9,075,000 9,077,000 8,770,000 8,494,000 8,452,000 8,689,000 8,567,000 8,128,000 7,699,000 7,882,000 7,588,000 7,779,000 7,570,000
ROE 31.61% 32.00% -51.23% -41.84% -41.71% -42.93% 11.41% 11.65% 14.15% 13.84% 13.19% 12.64% 12.68% 10.63% 11.37% 12.87% 12.70% 17.51% 19.00% 19.89%

December 31, 2023 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $2,656,000K ÷ $8,402,000K
= 31.61%

Baxter International Inc.'s return on equity (ROE) fluctuated significantly over the past eight quarters. In Q4 2023 and Q3 2023, the company had relatively strong ROE figures at 31.61% and 32.00% respectively. However, in Q2 2023 and Q1 2023, Baxter International Inc. experienced negative ROE of -51.23% and -41.84% respectively. This indicates that the company's net income may not have been sufficient to generate positive returns for shareholders during those periods.

Comparing these results to the previous quarters, Baxter International Inc. also had negative ROE in Q4 2022 and Q3 2022, with figures of -41.71% and -42.93% respectively. The company managed to improve its ROE in Q2 2022 and Q1 2022, achieving positive figures of 11.41% and 11.65% respectively.

Overall, Baxter International Inc.'s ROE performance has been volatile, with periods of both strong profitability and financial challenges. Further analysis of the company's financial statements and operations would be necessary to understand the factors driving these fluctuations in ROE.


Peer comparison

Dec 31, 2023


See also:

Baxter International Inc Return on Equity (ROE) (Quarterly Data)